Summa Equity and Goldman Sachs Acquire Stakes in EcoOnline

February 18, 2020

Summa Equity Fund II and Goldman Sachs Merchant Banking Division have each agreed to acquire a 33% ownership stake in EcoOnline from selling shareholders including Summa Equity Fund I and Viking Venture, securing new capital to support the company's international expansion. The transaction, which keeps Summa Equity as a controlling shareholder, will fund organic and acquisition-based growth of EcoOnline's HSEQ SaaS platform and is subject to antitrust approval.

Buyers
Summa Equity Fund II, Goldman Sachs Merchant Banking Division
Targets
EcoOnline
Sellers
Summa Equity Fund I, Viking Venture
Industry
Cloud & SaaS
Location
United Kingdom
Transaction Type
Growth capital

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